Class C Certificate Principal Balance definition

Class C Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class C Certificates.
Class C Certificate Principal Balance. As to any Distribution Date, the Initial Certificate Principal Balance of the Class C Certificates less any amounts distributed to the holders of the Class C Certificates on previous Distribution Dates with respect to principal on the Class C Certificates.
Class C Certificate Principal Balance. As of any date of determination, the excess of the aggregate principal amount of the Mortgage Loans over the aggregate principal amount of the Class A, Class B and Class M Certificates.

Examples of Class C Certificate Principal Balance in a sentence

  • Applied Realized Loss Amount: With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.


More Definitions of Class C Certificate Principal Balance

Class C Certificate Principal Balance means, for any ------------------------------------- Distribution Date, the excess, if any, of (a) the Class C Initial Certificate Principal Balance over (b) all payments of principal distributed to the Class C Certificateholder on or prior to such Distribution Date.
Class C Certificate Principal Balance. The initial Class C Certificate Principal Balance will be $2,362,928.60. The Class C Certificate Principal Balance will equal the excess of the aggregate principal amount of the Mortgage Loans over the aggregate principal amount of the Offered Certificates.
Class C Certificate Principal Balance. As of any date of determination, the Original Class C Certificate Principal Balance less the sum of all amounts distributed to Holders of Class C Certificates on previous Distribution Dates and allocable to principal.
Class C Certificate Principal Balance means, for any Distribution Date, the Initial Class C Principal Amount reduced by all payments to the Class C Certificateholders allocable to principal prior to such Distribution Date.

Related to Class C Certificate Principal Balance

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.